Investment Highlights
- Unique Opportunity to Acquire 574 Units at High 8.9% Actual Cap Rate
- Offered Free and Clear and Well Poised for New Financing
- Strong Current and Historical Occupancy and Revenue Collections
- All Units Offer Either a Single Story Duplex Style or Two Story Townhome Style Unit Layout and Offer Residents Attractive Amenities
- Recent Capital Improvements of over $2.5M include New Roofs, Many New Appliances and Renovation of Select Units
- Close Proximity to Thriving Kokomo which is Experiencing Significant Employment Growth
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